Tag: India: Ram Ratna Wires gains approval for INR 253 crore investment under PLI scheme

Ram Ratna Wires Limited (RRWL), a leading producer of super-enamelled copper winding wires, has secured approval for an INR 253 crore investment under the Production Linked Incentive (PLI) scheme. The funds will be used to manufacture copper tubes and aluminium components for air conditioners. This move supports India’s “Make in India” and “Aatmanirbhar Bharat” initiatives,…